Malatya Haber Corn, soybeans have solid gains
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Corn, soybeans have solid gains

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Grains closed mostly higher April 9 ahead of the U.S. Department of Agriculture coming out April 10 with supply and demand reports, according to the National Grain Market Summary.

Corn and soybeans had solid gains on buying support ahead of reports. Kansas City wheat continued to trade higher as forecast for freezing temperatures have wheat traders concerned.

Wheat closed mixed. Corn traded 10 to 11 cents higher. Soybeans closed 17 to 22 cents higher.

In the futures close, Kansas City May wheat was $7.46 1/2, up 1 1/2 cents.

Terminal wheat bids, paid for truck delivery, included Kansas City, $7.17 to $7.22, up 2 cents; Minneapolis, $8.39 3/4, unchanged; Portland, $7.95 to $8.10, unchanged to down 10 cents; St. Louis, $7.23, down 3 cents.

Terminal corn bids, U.S. No. 2 yellow, price paid for truck deliver, included: Kansas City, $6.87 to $6.92, up 10 cents; Minneapolis, $6.36 1/4, up 10 3/4 cents; southern Iowa, $6.52 1/4 to $6.59 1/4, up 10 3/4 to 11 3/4 cents; Omaha, $6.71 to $6.74, up 10 cents.

Terminal soybean bids, U.S. No. 1, price paid for truck delivery, included: Kansas City, $14.53, up 18 cents; Minneapolis, $13.95 1/2, up 22 1/2 cents; southern Iowa, $14.20 1/2 to $14.31 1/2, up 17 1/2 cents; central Illinois processors, $14.43 1/2 to $14.55 1/2, up 20 1/2 to 17 1/2 cents.

Kansas City wheat prices April 9, spot, fob track, included: No. 1 hard red winter wheat, ordinary protein, $8.11 1/2 to $8.58 1/2, up 1 1/2 cents; 12% protein, $8.46 1/2 to $8.71 1/2, up 1 1/2 cents; 13% protein, $8.61 1/2 to $8.96 1/2, up 1 1/2 cents; 14% protein, $8.91 1/2 to $9.06 1/2, up 1 1/2 cents. U.S. No. 2 soft red winter wheat was unavailable. U.S. No. 2 white corn was $6.71 to $6.79, unchanged.

Date: 4/15/2013



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